Consolidated Planning Corp Grows Stock Position in Dillard’s, Inc. (NYSE:DDS)

Consolidated Planning Corp lifted its stake in Dillard’s, Inc. (NYSE:DDS) by 154.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,514 shares of the company’s stock after purchasing an additional 919 shares during the period. Consolidated Planning Corp’s holdings in Dillard’s were worth $654,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DDS. Creative Planning boosted its holdings in Dillard’s by 14.6% in the second quarter. Creative Planning now owns 1,002 shares of the company’s stock valued at $441,000 after purchasing an additional 128 shares during the period. CWM LLC lifted its holdings in Dillard’s by 147.9% during the 3rd quarter. CWM LLC now owns 957 shares of the company’s stock worth $367,000 after buying an additional 571 shares during the last quarter. Inspire Investing LLC lifted its holdings in Dillard’s by 33.2% during the 3rd quarter. Inspire Investing LLC now owns 1,063 shares of the company’s stock worth $408,000 after buying an additional 265 shares during the last quarter. Kapitalo Investimentos Ltda lifted its holdings in Dillard’s by 47.4% during the 3rd quarter. Kapitalo Investimentos Ltda now owns 1,163 shares of the company’s stock worth $446,000 after buying an additional 374 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in Dillard’s during the 3rd quarter worth about $307,000. 67.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on DDS. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Tuesday. UBS Group lifted their price target on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a report on Friday, November 15th. Finally, Telsey Advisory Group lifted their price target on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday, November 15th.

Insider Activity

In other news, VP Tom W. Bolin sold 300 shares of the business’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total value of $130,035.00. Following the completion of the sale, the vice president now directly owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 33.80% of the company’s stock.

Dillard’s Stock Down 1.3 %

Dillard’s stock opened at $494.42 on Thursday. Dillard’s, Inc. has a fifty-two week low of $328.00 and a fifty-two week high of $501.41. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The company has a market capitalization of $7.86 billion, a P/E ratio of 12.73 and a beta of 0.88. The stock has a 50-day simple moving average of $454.93 and a 200-day simple moving average of $406.68.

Dillard’s Announces Dividend

The company also recently announced a dividend, which was paid on Monday, January 6th. Stockholders of record on Monday, December 16th were issued a $25.00 dividend. This represents a dividend yield of 5.68%. The ex-dividend date of this dividend was Friday, December 13th. Dillard’s’s payout ratio is currently 2.57%.

Dillard’s Profile

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.